Updated Dec 20, 2023
Susan Glazier Acquires Multifamily Property In Cambridge, MA For $1.13M
54 Jackson St, Cambridge, Massachusetts, USA
$1,130,000
$594/SF
Building Size
1,900 SF
Asset Type
MultiFamily
Closing
Mar 25, 2021
About this deal
AI
The multifamily property located at 54 Jackson St in Cambridge, MA was recently sold for $1,130,000 on March 26, 2021. The property spans across 1,900 square feet, resulting in a price per square foot of $595.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Address: 54 Jackson St, Cambridge, MA
- Market: Cambridge, MA
The seller's representative in this transaction was Susan Glazier from Danehy Realty Corp. On the other hand, the buyer's representative was David Lilley from RE/MAX Destiny.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93